9-511 Nonprofit organization; conduct raffles; conditions. - Nebraska Statutes

9-511. Nonprofit organization; conduct raffles; conditions.Any qualifying nonprofit organization may conduct a raffle that has gross proceeds not greater than five thousand dollars. Each chance in such raffle shall have an equal likelihood of being a winning chance. The gross proceeds shall be used solely for charitable or community betterment purposes, awarding of prizes, and expenses. Any qualifying nonprofit organization may conduct one or more raffles in a calendar month if the total gross proceeds from such raffles do not exceed five thousand dollars during such month. SourceLaws 1986, LB 1027, § 169.